Lamar Advertising Company (LAMR) — Financial statements
Income statement, balance sheet, and cash flow for Lamar Advertising Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,266↑2.7% | 2,207↑4.6% | 2,111↑3.9% | 2,032↑13.7% | 1,787 | |
| Cost of Revenue | 1,400↑92.3% | 728↑4.5% | 697↑4.4% | 667↑15.7% | 577 | |
| Gross Profit | 867↓41.4% | 1,479↑4.6% | 1,414↑3.6% | 1,365↑12.7% | 1,211 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 354↓2.0% | 361↑4.7% | 345↓1.7% | 351↑7.2% | 327 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 354↓2.0% | 361↑4.7% | 345↓1.7% | 351↑7.2% | 327 | |
| Other Expenses | -186↓131.7% | 586↑48.8% | 394↓9.7% | 436↑20.3% | 363 | |
| Operating Expenses | 168↓82.2% | 947↑28.2% | 739↓6.1% | 787↑14.1% | 690 | |
| Total Costs & Expenses | 1,568↓6.4% | 1,675↑16.7% | 1,436↓1.3% | 1,454↑14.8% | 1,266 | |
| Operating Results | ||||||
| Operating Income | 698↑31.2% | 532↓21.2% | 675↑16.9% | 578↑10.9% | 521 | |
| Depreciation & Amortization | 326↓29.5% | 463↑57.8% | 293↓16.0% | 349↑28.8% | 271 | |
| EBITDA | 1,101↑9.9% | 1,002↑2.8% | 975↑4.4% | 933↑20.4% | 775 | |
| EBIT | 775↑43.7% | 539↓20.8% | 681↑16.7% | 584↑15.9% | 504 | |
| Interest & Other Income | ||||||
| Net Interest Income | -158↑6.8% | -169↑1.7% | -172↓36.6% | -126↓19.5% | -106 | |
| Interest Income | 3↑11.6% | 2↑9.5% | 2↑63.6% | 1↑69.5% | 0.76 | |
| Interest Expense | 160↓6.6% | 172↓1.6% | 175↑36.9% | 128↑19.9% | 106 | |
| Non-Operating Income | -77↓974.6% | -7↓25.3% | -6↓1.6% | -6↓132.1% | 17 | |
| Other Income / Expenses | -84↑49.1% | -165↑2.5% | -169↓38.5% | -122↑1.6% | -124 | |
| Income Before Tax | 614↑67.2% | 367↓27.5% | 507↑11.1% | 456↑14.8% | 397 | |
| Income Tax Expense | 21↑370.7% | 5↓53.7% | 10↓43.9% | 17↑88.5% | 9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 593↑63.4% | 363↓26.9% | 497↑13.3% | 439↑13.0% | 388 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 587↑62.3% | 362↓27.0% | 496↑13.0% | 439↑13.0% | 388 | |
| Bottom-Line Net Income | 587↑62.4% | 362↓27.0% | 495↑13.0% | 438↑13.0% | 388 | |
| EPS (Basic) | 5.78↑63.3% | 3.54↓27.2% | 4.86↑12.5% | 4.32↑12.8% | 3.83 | |
| EPS (Diluted) | 5.77↑63.9% | 3.52↓27.4% | 4.85↑12.5% | 4.31↑12.5% | 3.83 | |
| Weighted Average Shares | 102↓0.7% | 102↑0.3% | 102↑0.4% | 102↑0.4% | 101 | |
| Weighted Average Diluted Shares | 102↓0.9% | 103↑0.4% | 102↑0.5% | 102↑0.3% | 101 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.